PG Electroplast Ltd. has complied with Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by providing a Nil Statement of Deviation or Variation for the quarter ended September 30, 2023, and has utilized Rs. 217.95 Crores out of the Rs. 485.00 Crores raised through Qualified Institutions Placements.